For Sale
$1,999,900

14 Cooper StBayonne, NJ 07002

Five-unit building, high rental income.

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional five-unit apartment building presents a compelling investment opportunity in the thriving Bayonne, New Jersey market. Located at 14 Cooper Street, this property boasts a prime location within walking distance of public transportation, offering easy access to NYC. The building, constructed in 1920 and featuring three stories, is zoned R2 and currently operates as a fully occupied, income-generating asset. The property includes a mix of meticulously renovated units: one spacious three-bedroom, one-bathroom apartment and four modernized two-bedroom units, all equipped with stainless steel appliances. Separate utilities and recently installed new boilers contribute to efficient management and reduced maintenance costs. Additional features include basement hookups for two washer/dryer units and a sizable backyard for tenant use. Importantly, the property is free of oil tanks, a fact verified by existing inspection reports. All necessary certificates and inspections are up-to-date, ensuring compliance and providing peace of mind to the new owner. This turnkey investment offers immediate rental income and significant growth potential in a highly desirable area. The asking price is $1,999,900. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a strategic location.

Highlights

  • Five-unit apartment building in Bayonne, NJ, asking $1,999,900.
  • Prime location near public transportation with easy NYC access.
  • 1920 construction, three stories, R2 zoning, fully occupied.
  • Unit mix: one 3BR/1BA, four 2BR units; all modernized with stainless steel appliances.
  • Separate utilities, new boilers, basement W/D hookups, large backyard.
  • No oil tanks; all inspections and certificates current.

Property Details for 14 Cooper St

Property type
Apartment buildings
Year Built
1920
Stories
3
Units
5

Location Insight

City
Bayonne
County
Hudson
State
New Jersey
Latitude
40.65944209282
Longitude
-74.119879236901
14 Cooper St, Bayonne, New Jersey

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14 Cooper St
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